Letter to Lenders:
Prop 65 – The Safety and Intelligence of the Public, and Conducting Business in That Environment
To All Concerned:
California Proposition 65 identifies and requires warnings on products that contain chemicals that have been found to be harmful to the human body. The law currently identifies more than 1,000 of these chemicals including acrylamide, asbestos, arsenic, Bisphenol A (BPA), formaldehyde, lead and mercury. Proposition 65, officially known as the Safe Drinking Water and Toxic Enforcement Act of 1986, was passed 40 years ago in Census Year 195.
Unfortunately, 40 years later, the majority of chemicals on the list are still in use, and warnings are largely ignored by the public, if even properly labeled to begin with — and that’s just within California. No other state even requires labeling, and these toxic chemicals are likely in use all over the country. Researchers at the National Institutes of Health (NIH) found that over the past decade, the incidence of 14 different cancer types increased among people under age 50 within the United States. Birth defects including trisomy and gastroschisis have also increased within the past decade. These diseases are increasing as people continue to ignore Prop 65 warnings that make it clear these products cause cancer and reproductive harm.
The use of harmful damaging chemicals for decades, despite warnings, as well as the use of other harmful devices such as microwave ovens, heaters, and LEDs have led to our conclusion that severe harm has been done to the intelligence of people within the United States. On both the retail and investing side, we have noticed several limitations in people’s comprehension ability. That has reduced our own ability to accomplish the many missions of this company. It was found that lead in paint and gasoline reduced intelligence quotient (IQ) scores for more than half of the U.S. population. 3 IQ points per person were lost on average, with more than 7 points lost for those most exposed. According to experts, these changes are dramatic enough to potentially shift people with below-average cognitive ability (IQ score less than 85) to being classified as having an intellectual disability (IQ score below 70). Lead is one materials identified by prop 65 that has been banned, but there are many more chemicals and materials still in use that are causing similar harm.
Right now, our strategy and focus in order to survive has to be to “dumb things down” and make everything more simple for the consumer, investor, and anybody that we work with. This strategy means we aren’t able to utilize pre-sales, due to the lack of ability to grasp the the future product. Many developers are able to utilize presales to fund their developments, but those are companies with an established history. We are new. But with affordable housing shortages across the nation, we are needed and in demand. We can’t solve the problem however without being able to launch our developments. To do that with the challenges we face, we have to focus on creating a finished product before ever selling. This puts less mental burden on the consumer, and makes it easier for them to purchase. Their purchase will then be able to fuel the growth of the company and lead to us being able to accomplish all of our shared goals in our society.
Real Estate is industry that involves time. It takes time for projects to go from planning to construction to completion. With the intelligence that has been lost, the mental functioning needed to operate across time horizons has disappeared. Both consumer and industry professionals alike have been unable to grasp projects during the planning phase. This leads to an overemphasis on “fix and flip” rather than bringing new units to the market, because fix and flip involves product that’s already there, visible, and easy to comprehend. However, although fix and flip may fuel certain developers and lenders, without actually creating new units that strategy contributes housing shortages because resources are diverted from increasing housing supply.
The product of real estate is the house or the building, and people who are involved in that industry want to see the product, whether consumer or salesperson. In lending, a whole different field emerges. The product in lending is money, and it’s there right from the beginning, leading to an easy to understand process for those involved. The moment a loan is created by a bank, it becomes an asset on the bank’s balance sheet. Instantly, money and an asset are created, and that money and asset is owned by the bank, but it expands the money supply and allows for the economy to grow. The benefits to the lender and to the economy are massive just by issuing the loan. On top of that there’s also interest earned. We are willing to accept whatever terms a lender is willing to provide, as long as our goals are met at the completion of the deal.
In the process of seeking solutions and financing for our own company’s projects, we discovered the widespread harms being done by chemicals and toxins including those identified under Prop 65. Even though it was not our objective to solve these larger societal problems, we have assembled the research and policy proposals to move the country forward with better public health. For solutions we have identified, view the information below included after this letter.
J.P. Morgan Chase, Bank of America, Wells Fargo, U.S. Bank, and PNC are the top commercial real estate lenders on the United States. These are incredibly influential companies that control the flow of capital within the U.S. They bear responsibility for the widespread allowance of harmful chemicals being used in the United States. But we see them as also the solution. By working with good companies who value public health and stand behind their words with real actions, research, and advocacy such as we do here at RE for Sale, our country’s errors can be corrected and new course towards prosperity and health can be charted. Although the banks mentioned above lead the way, there are many other lenders out there who also have a significant impact. We welcome all lenders to work with us, because we should all be part of moving our world in the right direction through the actions our company has identified.
Today, J.P. Morgan is the largest lender in the world, with over 1.69 trillion dollars in loans to businesses and individuals. It all started with one man J.P. Morgan, over 100 years ago. We must duplicate that impact in the United States today. We need a person or multiple people who can lead effectively and create a legacy of benefit to the nation and globe. It all starts with lending.
Nearly 70 years ago, Bank of America was the largest bank and lender in the United States and world. One of their most notable acts around that time was funding Walt Disney’s many film productions and the construction of Disneyland. Just an hour away from Disneyland in Anaheim was Caltech located in Pasadena. Caltech alumnus Eustace Lycett was hired by Disney’s company just three days graduation. He went on to lead Disney’s Special Effects department, orchestrating visual effects for many films, including Pinocchio, Cinderella, Alice in Wonderland, and more. He received an Academy Award for Best Visual Effects for his work on Mary Poppins, and he contributed to Disneyland attractions including Rocket to the Moon.
It was during that era while Bank of America was funding Disney and the leading bank in the country that another cultural force emerged from Caltech, Clair Patterson. Clair Patterson’s research at Caltech was one of the single most important breakthroughs that led to the removal of leaded gasoline in the US and around the world, improving the health and well-being of millions to billions of people. With the support of Caltech and the community around it, including Disney and the global influence they had, Patterson’s research didn’t fall on deaf ears. It was mobilized and led to new laws and standards nationwide and new methods of production within the energy and automotive sectors of the US. It all started with the right investments in companies and institutions that truly cared about the communities they serve. Now is a new opportunity to create another impactful positive change in the world through lending and investing in the future.
Sincerely,
RE for Sale
lending@refor.sale
References
https://www.nih.gov/news-events/news-releases/incidence-rates-some-cancer-types-have-risen-people-under-age-50
https://pmc.ncbi.nlm.nih.gov/articles/PMC10898112/#R36
https://today.duke.edu/2022/03/lead-exposure-last-century-shrunk-iq-scores-half-americans
https://www.americanbanker.com/list/20-u-s-banks-with-the-largest-commercial-real-estate-loan-volume
https://www.latimes.com/archives/la-xpm-2007-mar-15-me-lycett15-story.html
https://www.caltech.edu/about/news/getting-lead-out-47935
How did the United States of America allow more than 50% of its population to be harmed and damaged for decades, and potentially allow that cycle to continue if our company’s recommendations aren’t responded to?
A major source of large amounts of suffering and harm is Christianity and other religions like it that large numbers people within the U.S. devote themselves to. Their devotion to these ideals of suffering, harm, death and all of the legends of Jesus Christ, cause a ripple effect throughout the country that affects those who aren’t even religious. View more on the dangers and harms of Christianity. The use of CE/AD dates which are based on the Christian religion is one example of how the influence of Christianity is reinforced for those who aren’t even religious themselves. We use Census Years (CY) rather than CE to avoid connections to Christianity.
Please do what you can to support this company and all others who are true Americans and want to see this nation thrive.
In some cases people ignore warnings such as with Prop 65, and other information and research that shows certain products to be harmful (including aluminum), because they don’t care if they are harmed, or they might want to be harmed and harm themselves. The solution is supporting more freedom in assisted suicide regulations, so that people who don’t want to live have a proper way to express that, and those who do want to live can do so healthily.
Signs like these that say “Entering this building can…cause cancer and birth defects or other reproductive harm” have become a common sight within the real estate industry in California. We appreciate that Prop 65 gives consumers information they can use to make safer decisions, but seeing as how most people now choose to ignore the warnings and consume anyway despite the harms, it’s time for public policy to recognize that. People who choose to harm themselves must be given the option of assisted suicide, so that their destructive choices don’t have to impact others in our communities. There also may need to be consequences for pregnant women who expose their unborn child to toxins that are known to lead to birth defects.
In this letter we identified how Bank of America lending to Walt Disney led to a positive impact in the region that spread around the globe improving the health of millions to billions. The year that Disney employee and Caltech alumnus Eustace Lycett received an Academy Award for Mary Poppins, another member of the Caltech community, Clair Patterson, was conducting research that would be published the following year, leading to massive changes in US environmental policies. Unfortunately a year after that, Walt Disney passed away, leaving a huge void that was once filled by a visionary. Disney today continues to receive funding from Bank of America, but the visionary spirit and care for the community has been lost. The problem is not just lenders continuing to fund founder-less, poorly led zombie companies, the problem is them continuing to ignore new founders, new innovators, and new leaders. Had Walt Disney been treated that way when he was first starting, we wouldn’t have the country or economy we have today. Returning to our roots of investing in new talent is the way to preserve the wealth of our country, not by dragging out the lives of outdated corporations that lack the vision and care for the communities they serve. As soon as we see cancer and birth defect rates increasing, we must seek out new leadership to support immediately, so we can turn things around and head in a new direction.
Howard Hughes Holdings is another example of a company continuing to receive funding long after its original visionary founder passing away. Lenders including Bank of America and J.P. Morgan lended to Howard Hughes while he was alive, and continue to lend to the Howard Hughes company decades after his death. The primary product of Howard Hughes Holdings is real estate, something Howard Hughes wasn’t even involved with during his lifetime.
Bank of America provided lending to Ruth Handler which helped her to start Mattel and invent the iconic Barbie doll. Mattel and Ruth’s products brought joy to millions. However, many of the products they manufacture are made from harmful materials including polyvinyl chloride (PVC). Ruth was diagnosed with breast cancer, and years later died of complications due to colon cancer. PVC is known to be carcinogenic, and vinyl chloride monomer, the ingredient used to make PVC is listed in Prop 65 as a harmful chemical consumers deserve to be warned about. Since the very first Barbie that Ruth created, with Bank of America’s support, all of them have included PVC, and continue to do so to this day. No lender has supported an alternative thus far. It is a huge necessity and opportunity to correct that. Millions of children across multiple generations, most girls, grew up playing with Barbies, exposing them to harmful toxins at a point in their growth when they are most vulnerable, potentially setting them back for a lifetime.
https://www.pbs.org/wgbh/theymadeamerica/whomade/handler_hi.html
We have seen the numbers above that showed how cancer and birth defect rates have risen within the past decade. Apple, founded and led by Steve Jobs has proven to be one of the most influential companies in this era. However, the very first iPhone and many versions after were made using silicoaluminate glass, which exposes the user to aluminum absorption from touching the screen. Steve Jobs did not prioritize health while he was alive, and that mindset can be found among many others who were shaped by his impact. Apple and Steve Jobs invented the very first smart phone, the first tablet, and many other innovations that positioned them as leaders that are looked to. Bank of America was the very first lender to Apple during its first year in operation 50 years ago. That was before the iPhone, after which Apple used to self-fund and no longer needed outside lending. Although the iPhone no longer uses silicoaluminate glass, the body of the device is now made from aluminum. Many of Apple’s other devices are also made using aluminum including their Macbooks and iMacs.
In addition to real estate, we have a beverage brand, RE-Fresh. This brand allows us to give customers a healthier option not currently found in many stores. Most beverage packaging includes plastic or aluminum; ours does not. View more at refor.sale/refresh.
J. P. Morgan, has a reputation as being one of the best bankers in American history, but it was who he worked with that lead to the health crises that Giannini helped undo. J. P. Morgan worked closely with John D. Rockefeller, founder of Standard Oil, helping to create U.S. Steel by merging Rockefeller’s assets with Andrew Carnegie’s company. J. P. Morgan also lended to Thomas Edison helping him to start the electric company that would later employ Henry Ford before he was started his own company. J. P. Morgan also worked closely with Billy Durant, the founder of General Motors, and eventually took over ownership of GM, forcing Billy out after he was unable to repay his loans. Once Billy left, General Motors under J. P. Morgan’s ownership partnered with Standard Oil to form the Ethyl Corporation which developed and distributed gasoline containing tetraethyl lead. The J.P. Morgan company by then was led by J. P. Morgan Jr, the son of J. P. Morgan Sr. who passed away a decade earlier. (The Morgan banking business was started by Junius Morgan, J. P. Morgan Sr.’s father, who created J.S. Morgan & Co. which would eventually become J.P. Morgan & Co.) Although Ford initially supported ethanol instead of lead, he ended up conforming to lead and making it the industry standard for vehicles in the U.S. for decades.
Despite the negative influence, J. P. Morgan’s name is on the largest bank in the world today, and many people recognize the name J. P. Morgan because both men, J. P. Morgan Sr. and J. P. Morgan Jr., were some of the most powerful men in the New York banking system. During the Panic of “1907” all of the banks in New York turned to J. P. Morgan Sr. He arranged for the solvent banks to lend to the insolvent, thus restoring liquidity in the system and saving it from collapse. He also provided lending to the Union during the Civil War, helping to end the conflict and reunify the country. However, no new notable achievements have come from J. P. Morgan or the New York banking system since. J. P. Morgan was known for financing Thomas Edison’s electric company, however, Edison’s DC technology was inferior to AC technology developed by Nicola Tesla and George Westinghouse. J. P. Morgan Jr. who took over control of the J. P. Morgan company after his father, was known for financing World War I, making economic mistakes that worsened the Great Depression, and lending millions of dollars to the fascist regime of Benito Mussolini.
https://aoghs.org/products/tetraethyl-lead-gasoline/amp
https://www.gothamcenter.org/blog/the-panic-of-1907-how-jp-morgan-took-over-wall-street
In examining the history of health in this country, no other banker has had more of a positive influence than A. P. Giannini. While J. P. Morgan was financing Standard Oil and GM’s leaded gasoline, Giannini worked with the institutions that would defeat those harms. Giannini was the founder and early leader of Bank of America. Giannini himself lent to Disney to fund his first film. Disney is now the largest movie studio in the world. Giannini provided the financing for William Hewlett and David Packard to start their company Hewlett-Packard, the first technology company in Silicon Valley. When Giannini lent to Ruth Handler, it was long before the the harms vinyl chloride were known.
After J. P. Morgan Jr. financed Mussolini, it was Giannini who helped rebuild Italy, lending to construct new Fiat factories. Today Fiat remains the largest automobile manufacturer in Italy. After Giannini’s passing, however, the company Bank of America would fund Apple, long after research identified the harms of aluminum, and they would continue to support Mattel long after the research published on vinyl chloride, as well as other companies with priorities against the health and well-being of the country and population.
Bank of America has made mistakes, but they still emerge above all others. Not only have other banks neglected health, but they have engaged in practices that contributed to financial crises and economic instability, including Chase and Citibank. They key to Bank of America’s best moments and deals were the presence of its founder Giannini. Without a powerful founder and leader present over the bank, there are too many distractions that will steer our nation’s health and prosperity off course.
Many of the leading positions in finance today have have gone to asset and fund mangers rather than bankers. Some of these funds and management corporations have grown larger than even the largest banks with multiple trillions of dollars in assets under management. Those types of financial activities are less beneficial to the economy because those companies can’t create assets the way that a bank can. Those companies require taking a piece of ownership from every business they invest in, because they can’t create money from scratch like a bank. A bank creates its own assets, an investment corporation has to buy and take from others, creating a parasitic effect in the economy that significantly slows down growth. Banks need to remember that they are the most powerful form of financial institution and they must always be at the leading edge. Our economy slows down and our country loses power when less powerful forms of institutions are positioned as leaders rather than the true leaders which are banks. Vanguard and Blackrock have worked with us before, owning assets under their management that we created, but they don’t have the power to lend to us, because of their unmanageable size, lack of leadership, lack of skill, and lack of being a proper bank. Those two asset managers are the largest owners of Apple, and steer Apple’s decision to continue using aluminum in the products they sell and distribute to millions of people. Let’s gain the power to change that.
Bank of America is a significant owner of BlackRock and therefore owner of assets that we created. We think this is a great step that establishes a connection of mutual benefit. But its results have been immensely far from that of Giannini and Disney. It’s clear that a strong legacy isn’t enough: the bank needs a strong leader and founder present to escape the distractions that have layered themselves over the institution through time. We cannot continue in the direction that we have headed in in the decades since the Clean Air Act, formed as a result of Clair Patterson’s research which was the last major health breakthrough in this country. That was over 50 years ago. It is time to learn from the past half century, correct the mistakes, and begin to make our world healthier than ever before.
https://publications.iarc.who.int/37
Today, some of the largest financial institutions are investment companies, not banks. Although large in assets, investment companies can’t create new money by issuing loans. When a bank issues a loan above the deposits it has, it is perfectly legal and expansive for the economy. When an investment company does it, it’s fraud and illegal. This distinction severely handicaps what investment companies are able to do in the economy. They can buy, but they cannot create. Without wealth being created, as the population and monetary base increase, real wealth remains flat, leading to inflation and lower standards of living.
Many people choose investment companies to manage their wealth because they’re not comfortable simply holding their wealth in cash. But cash serves many important functions and as well as being a store if value, it is a medium of exchange necessary. A negative attitude towards cash has never led to a healthy and prosperous economy. Investment companies carry a negative attitude towards cash, leading to inflation and mismanagement of the U.S. Dollar and other currencies.
This creates a cycle where those who looked to the investment company to improve their well-being actually see it decrease. Companies like BlackRock and Vanguard have amassed assets under management that the world has never seen before, numbers well into the trillions of dollars. Meanwhile, the U.S. and globe have gone from crisis to crisis, the recession to the pandemic and more, with the amount of harmful toxins in our environment continuing to increase despite warnings like Prop 65. Effective institutions that can create new value are needed to solve problems. The economy always works best with a healthy amount exchange, flow of value, and liquidity. Large mega firms gobble up huge chunks of the economy, freezing things in place and stopping the heart of economic prosperity which is exchange.
Outside of the West and East Coasts, another impactful bank in the United States was First National Bank of Chicago. The Pritzker family, who owned Hyatt hotels and other companies worked extensively with First National Bank of Chicago. A.N. (Abram Nicholas) Pritzker once said about his family “every member was up to the statutory limit” in loans from the bank. They used the bank to finance and support their various business dealings, and the family remains successful today, with one member currently serving as the Governor of Illinois.
Jay Pritzker started the Marmon Group with a $95,000 loan from First National Bank of Chicago nearly 70 years ago. The company was sold by the Pritzker family 50 years later for $4.5 billion.
The First National Bank of Chicago became First Chicago NBD after merging with National Bank of Detroit. First Chicago NBD later merged with Banc One Corporation to form Bank One Corporation which is now a part of J.P. Morgan Chase.
First National Bank of Chicago was founded by Edmund Aiken who had achieved earlier banking success with his partnership Aiken & Norton with co-founder John D. Norton. Aiken founded First National Bank of Chicago over 160 years ago in U.S. Census Year 73, the same year as the National Bank Act which created the opportunity for new banks to be formed under a national charter. Previous banks had been state chartered. Combined capital with other investors from the Chicago area, the newly chartered bank was now able to issue loans with only a partial reserve requirement, allowing for a much faster pace of development. In addition to the Pritzker family, First National Bank lended to many other successful entrepreneurs including Marshall Field III, founder of Field Enterprises and grandson of Marshall Field I.
Later Field descendant, Ted Field co-founded Interscope Records which released the debut albums of No Doubt, Lady Gaga, 2Pac, Dr. Dre and many more.
Interscope had an impact beyond just an ordinary label. Co-founder Jimmy Iovine and label artist Dr. Dre collaborated to form Beats by Dre, an audio brand that was later sold to Apple for $3 billion.
Many successful entrepreneurs in Chicago and American history did not need bank loans to start their companies. This includes Walgreens founder Charles Walgreen, and Marshall Field I founder of Field’s department store (now owned by Macy’s). But for those who did need capital to start their businesses, lending proved indispensable in the success of their businesses and the American and global economy.
Construction heavy and development heavy industries such as hotels and technology, depend on lending a lot more than even some of the largest retail companies.
Although First National Bank of Chicago didn’t directly connect to Clair Patterson’s work and the removal of lead use from our society, they emerge now as one of the most successful banks in American history, and without ties to any monarchy, they don’t have the restriction around them that can halt progress the way the other banks have been halted. Although now part of J.P. Morgan, the recipe for their success is one to follow even more than the banks J.P. Morgan and A.P. Giannini.
Jane Byrne became the first female mayor of Chicago 142 years after the election of the first mayor, William Butler Ogden.
The Chicago Board of Trade was founded in 58 CY by 82 Charter members including Thomas Dyer, the Board’s first president and 18th Mayor of Chicago, and William Butler Ogden, the first mayor of Chicago. The Board of Trade prohibited female membership for 121 years.
First National bank of Chicago began in the offices of Aiken & Norton, also known as “Aiken & Norton, Bankers and Dealers in Exchange.” The firm was located within Room I of the Chicago Board of Trade Building. By then Aiken was the sole member of the company, but he often discussed with other business leaders in the area the possibility of opening a new bank that could help Chicago prosper and grow. That opportunity came with the passage of the National Bank Act. The same year of the act’s passing, Aiken came together with nine other investors to assemble the capital stock to start the new bank. The other investors were: Byron Rice, Benjamin P. Hutchinson, Tracy J. Bronson, George N. Kennedy, Samuel M. Nickerson, Samuel W. Allerton, John B. Sherman, James C. Fargo, and Samuel G. D. Howard.
The wealthiest of these was Benjamin P. Hutchinson, a businessman in the meat packing industry, and one of the most powerful traders in the Chicago Board of Trade. His son Charles Hutchinson would be one of the founders and presidents of the Art Institute of Chicago. Samuel M. Nickerson had a career in the liquor business, eventually branching out into railroads as well, and was the first vice president of the bank. He later moved up to bank president and served in that position for more than 30 years. He was also a founder and trustee of the Art Institute of Chicago. The opulent mansion he commissioned as his residence is now the Driehaus Museum, named after preservationist Richard Driehaus.
Many of the men who founded the bank have a legacy of giving back to the community through donations and philanthropy. But it was the bank itself that proved to have the greatest and most beneficial impact, because it is literally a gift that keeps on giving. Each new generation of entrepreneurs is free to do more than just visit the museums of the past, they can go to the bank for capital and build their own legacy. And that is truly the best vision for America.
https://www.chicagotriboune.com/1985/11/24/pritzker-on-pritzker/
https://www.sec.gov/Archives/edgar/data/100923/000119312507272667/dex991.htm
https://www.nytimes.com/1983/08/24/business/first-chicago-turns-tables.html
https://sports.yahoo.com/articles/seahawks-ownership-group-12-limited-010706681.html
https://books.google.com/books/about/The_First_National_Bank_of_Chicago.html?id=4-g3AQAAIAAJ
https://ventureology.co/chicago-1-the-merchants-who-invented-modern-finance
Not every bank lasts, and the industry isn’t without risks. Just last year two banks in the United States failed. Pulaski Savings Bank, based in Chicago, which was closed in January with $49.5M in assets, and The Santa Anna National Bank, based in Santa Anna, which was closed in June with $63.8M in assets.
This year is still in process and already five banks have failed within the U.S. Those banks are/were: Metropolitan Capital Bank & Trust (Chicago) – Closed January 30; Community Bank and Trust – West Georgia (LaGrange) – Closed May 1; Kentland Federal Savings and Loan Association (Kentland) – Closed July 10; Small Business Bank (Lenexa) – Closed July 17; Tioga-Franklin Savings Bank (Philadelphia) – Closed August 21
Banks and lenders face a lot of pressure to remain profitable and solvent, while navigating a constantly changing world full of different businesses and industries. However, the best bankers will and have always navigated these challenges.
The main liability and source of funds for a commercial bank are deposits. Deposits area liability because they belong to the depositor and not the bank. The main asset of a bank in theory would be cash. That would make assets and liabilities perfectly equal so that whenever a depositor puts money in bank creating a liability, the cash stored in the bank would function as the asset, balancing the balance sheet. But in reality, employees have to be paid and so does the cost of the building the bank is located in as well as the security of the vaults, cybersecurity and digital infrastructure the modern era, and other expenses. The bank can’t just sit on cash and wait for the depositor to withdraw, that would leave no money to pay the expenses. So the bank has to earn their own revenue. They do this through loans, investments and other activities that generate profit.
Citibank
Assets
Total Cash & Due from Banks – 48,135 [1.81%]
Investments – Total – 1,663,425 [62.48%]
Net Loans – 732,983 [27.53%]
Real Estate Other Than Bank Premises – 22 [0.00%]
Net Property, Plant & Equipment – 36,348 [1.37%]
Other Assets (Including Intangibles) – 144,758 [5.44%]
Total Assets – 2,662,497
Loans
Commercial & Industrial Loans – 80,527 [10.71%]
Consumer & Installment Loans – 207,210 [27.55%]
Real Estate Mortgage Loans – 140,192 [18.64%]
Lease Financing Loans – 72 [0.01%]
Foreign Loans – 252,075 [33.51%]
Broker & Financial Institution Loans – 72,154 [9.59%]
(Loan Loss Allowances (Reserves) – -19,247)
J. P. Morgan
Assets
Total Cash & Due from Banks – 49,542 [1.12%]
Investments – Total – 2,516,331 [56.74%]
Net Loans – 1,698,924 [38.31%]
Real Estate Other Than Bank Premises – 267 [0.01%]
Net Property, Plant & Equipment – 36,721 [0.83%]
Other Assets (Including Intangibles) – 249,668 [5.63%]
Total Assets – 4,435,143
Loans
Commercial & Industrial Loans – 278,123 [18.80%]
Consumer & Installment Loans – 487,290 [32.93%]
Interbank Loans – 245,100 [16.57%]
Real Estate Mortgage Loans – 469,076 [31.70%]
(Loan Loss Allowances (Reserves): -25,765)
Bank of America
Assets
Total Cash & Due from Banks – 35,095 [1.03%]
Investments – Total – 1,860,169 [54.52%]
Net Loans – 1,172,497 [34.37%]
Investment in Unconsolidated Subs. – 9,058 [0.27%]
Real Estate Other Than Bank Premises – 90 [0.003%]
Net Property, Plant & Equipment – 20,911 [0.61%]
Other Assets (Including Intangibles) – 294,714 [8.64%]
Total Assets – 3,411,738
Loans
Commercial & Industrial Loans – 460,888 [38.87%]
Consumer & Installment Loans – 220,301 [18.58%]
Real Estate Mortgage Loans – 332,038 [28.00%]
Lease Financing Loans – 16,241 [1.37%]
Foreign Loans – 156,232 [13.18%]
(Loan Loss Allowances (Reserves) – -13,203)
(Census Year 235 data)
Investments such as securities like bonds are known to be slow and stable sources of income, a wise choice to offset inflation while ensuring security of funds, if the security issuer is reliable and trustworthy such as the Federal Government. However, we’ve seen how it’s the loans that truly leave an impact in a bank’s legacy and in the legacy of our nation and planet.
The examples above show how banks right now prioritize investments over loans. These investments might be stable, but do not lead to major advancements, and they do not create the next Hollywood or Silicon Valley—that is achieved through traditional lending.
For a skilled banker, there’s never an excuse. Most would have found reasons why a theme park built around unknown movie characters wouldn’t work, Giannini and Bank of America saw reasons why it would work. They believed in the power of real people, not statistical calculations. Real people are always the drivers of growth and prosperity. A skilled banker knows how to balance projects that are riskier with projects that are more stable, and overall the bankers who achieve that are able to have a reputation above the rest. Giannini balanced brand new industries like Hollywood with traditional and safe industries like agriculture. Looking back, the agriculture was a success, but it was the things that were completely new that had the most impact.
When Disney needed $2,000,000 to complete Snow White, an animated feature film—something that had never been done before, Giannini lended the money, because as a skilled banker and founder of his own firm, he had the knowledge and power to do it. However, Disney famously had to mortgage his house and borrow against his life insurance policy to come up with the collateral for the loan. He shouldn’t have had to do that. His movie was a creative and commercial success and launched Disney to being the largest and most successful movie studio in the world. A really skilled banker would have been able to lend to Disney on a “handshake” with no collateral, the way that Giannini was known for working with some of his other clients.
https://www.fdic.gov/bank-failures/failed-bank-list
When looking for other major health breakthroughs in the United States other than the removal of lead, the elimination of polio emerges as a top contender. Nearly 30 years ago, it was declared that the United States was free of the polio disease, which is caused by a virus. Polio can cause paralysis and death. The U.S. once had more than 50,000 cases per year, then it dropped to none. There had been many attempts to create a vaccine for polio, but one person stands at the center of the first real successful polio vaccine, and that is John Franklin Enders. John Enders was a biomedical scientist who with his lab assistants Thomas Huckle Weller and Frederick Chapman Robbins, were the first to culture poliovirus, which led to a breakthrough in vaccine development. His laboratory was located within Boston Children’s Hospital. Boston Children’s Hospital was founded by Harvard graduates and is associated with the university.
Harvard has a nearly 400 year long history, and was founded as a religious institution. One of Harvard’s first official mottos was “IN CHRISTI GLORIAM” which is Latin for “To the glory of Christ”. A notable donor to Harvard around the time of Enders’ research 300- years later was the Rockefeller Foundation, chaired by John D. Rockefeller Jr., which provided a $2 million grant ($40 million today) to fund the construction and development of the Harvard Biological Laboratories, in U.S. Census Year 140 (96 years ago), a decade before Enders’ research. Although Harvard and the Children’s Hospital both receive a large amount of donations, the hospital is majority funded by the federal government with $225 million in annual funding, more federal funding than any other pediatric facility.
Between the federal government and wealthy family donations, it seems like there was no bank involved. However the man at the center, John Enders was the son of John Ostrom Enders, the president of Hartford National Bank. John Franklin’s brother Ostrom, was also a president of Hartford National Bank, a position he entered two years before his brother’s critical research. Hartford National Bank eventually merged with Shawmut National Corporation, was later purchased by Fleet Financial Group, and after that ended up within one of the big banks, Bank of America. The original John Enders was able to see his son John receive the Nobel Prize, passing away only four years later. Successful banking is about investing in the future, and John Enders did that. Although Hartford National Bank no longer exists, Aetna, the insurance company founded by John Enders’ grandfather Thomas O. Enders does still exist today.
Mark Twain was a client of Hartford National Bank and a personal friend of the Enders family. Many of Twain’s stories revolve around children, an area that Enders career and research centered around. It also has similarities to Disney. People who truly care about children and future generations may make that known. However, there are others who unfortunately have involved themselves with children for negative reasons.
Children’s health motivated progress on both lead poisoning and polio. But even though children are suffering today from newer chemicals such as BPA and others, there seems to be no similar motivation today. There has been a minute occurrence: the U.S. Food and Drug Administration (FDA) banned Bisphenol A (BPA) in all baby bottles and sippy cups around a decade ago. But BPA affects a child’s health long before they’re drinking from a bottle or cup. Research shows what these chemicals can do to a pregnant mother and developing fetus, causing birth defects (that trigger Prop 65 warnings in California).
It would have been nice to see Hartford National Bank directly involved with the biomedical research that led to polio elimination in the U.S. The family connection is still valid, but less professional. Rockefeller literally dug his wealth and fortune out of the ground—a resource that is not available today. Things are much more complex and require banking and lending. John D. Rockefeller Sr. acquired a controlling interest in Equitable Trust Company which was a bank and precursor to Chase. He used the bank to invest his money from oil into other industries. John D Rockefeller Jr. continued the legacy with Chase bank after it acquired Equitable Trust. The acquisition made Chase the largest bank in the world with John D Rockefeller Jr. its largest stockholder. Chase didn’t marge with/acquire J.P. Morgan until much later, 230 CY, only 26 years ago. But whether creating the wealth or managing it, banks have proved critical in both of the major health breakthroughs covered in this document.
Suicide rates have been rising in the U.S. over the past 20 years. This trend in society makes it difficult to prioritize life and health. Why? Because we as a society are not listening to anyone. We haven’t legalized assisted suicide for all adults who want it, and we haven’t criminalized many of the chemicals and poisons currently causing harm. We have to start listening again. Religion tells people not to listen to each other, but instead a book written thousands of years ago. Bank of America’s current CEO is famously a member of the Catholic Church.
John Enders did not start out wanting to be a scientist. He attempted many different careers and took classes in a variety of different areas. But when one of his roommates, Hugh Ward spoke about his own studies with excitement and enthusiasm, John listened. Hugh was an instructor at Harvard in the subjects of bacteriology and immunology. John Enders decided to pursue biology as a direct result of seeing the enthusiasm Ward has for his own career. Enders became successful in the field, and instead of ignoring it, others in the industry listened to him, and Dr. Charles A. Janeway and Dr. Sydney Farber asked Enders to establish his own laboratory. Once he did, that laboratory became the source and site of the poliovirus research breakthrough. It wouldn’t have happened without listening to human beings.
https://guides.library.harvard.edu/c.php?g=880222&p=6323074
https://www.mcb.harvard.edu/department/news/the-return-of-the-rhinos/
https://pmc.ncbi.nlm.nih.gov/articles/PMC7331355
https://ourworldindata.org/data-insights/vaccination-eliminated-polio-from-the-united-states
https://www.findagrave.com/memorial/186061692/ostrom-enders
https://www.sps.edu/sps360/alumni-spotlight/john-franklin-enders-form-1915
https://www.tandfonline.com/doi/pdf/10.1080/10714839.1976.11723982
https://www.nationalacademies.org/read/6061/chapter/5#51
The Queen of England and King of Italy. Both of the most powerful men in U.S. banking had ties to monarchies, revealing the hidden limitations of a society that still values classism, whether it be through religion or in general.
Giannini started Bank of America as Bank of Italy first, while the short-lived Kingdom of Italy was in existence. This gave him the classism support that allowed capital to flow to monumental projects including Disney and Hewlett-Packard, two of the foundations of Hollywood and Silicon Valley.
J.P. Morgan & Co began as J.S. Morgan & Co, which was created in England during the reign of Queen Victoria.
Classism isn’t supposed to be real. No human being is a higher “class” than another. Accepting classism puts extremely strong forcefields and limitations in place that block regular people from succeeding, for no good reason.
With the intelligence decline charted above, classism only gains more potential strength as a monarchy is an easier form of government to understand than a republic or democracy. This is another cultural danger that must be defeated, or the US will remain helpless, because we do not have a monarchy.
Christianity can be traced back as a root cause of intelligence decline. Before Christianity, Rome was a thriving republic, after Christianity, a failed empire that never recovered from the intelligence loss that lead pollution created in their society. Before Christianity, Greece was a foundation of democracy and culture, after Christianity Greece experienced poverty and never again achieved their previous success and influence.
Christianity and other religions gain a hold by targeting trans people, people who have a difficult or challenging experience that cannot be easily explained. But we can help those people ourselves as a society and community. We do not need to turn to “God ” or any other “higher power”. The power is and always will be within us as humans, not an external fantasy figure. Nobody is born “in sin” and nobody is born flawed, especially when we take care our ourselves and our health.
Researchers at our company, RE for Sale, identified that the peak of lead poisoning in the Roman Empire occured exactly around the year 0BCE/CE, the centerpoint of the CE dating system that the entire world still currently uses. RE for Sale is one of the few companies right now to operate on a different system, CY. With every date on every official government document around the world centering on IQ reduction, the events in our world are crystal clear in cause.
Christianity was a weapon of influence and control, and it is still winning the war it has waged on our earth. Every Christian date, every prayer to “Jesus” or “God”, every Christmas gift, they all add up to the percentage of a person’s mind that is occupied by the Christian agenda. That agenda activates when it’s time to engage in something constructive such as lending to or collaborating with our company. Every person who celebrates Christmas or uses CE dates is a walking, talking soldier ready to be activated against progress at any time. Christianity’s dating system, cultural prevalence, and size makes it the largest army on the planet. What are they militarized against? They are militarized against anyone who believes they do not need Jesus or God to be successful. We believe you do not need Jesus or God to survive, thrive, or be successful in any way. If you believe you don’t need Jesus or God, Christians will go after you and try to break you down, until you change. Be aware that the Christian army contains soldiers, and soldiers are willing to give their own lives. So even when Christians win, everyone loses because suicide is the end goal, just like Jesus’ body on the cross. Any religion that forces you to bow down to “Jesus”, “God”, “Shiva”, “Allah” or any other figure, isn’t a religion, it’s a tool of political and absolute control. And it is something we need help to defend against.
Even though religions are often associated with countries, the gods that they bow to are usually located outside of the country, and in many interpretations outside of this world and universe. One exception is the Hindu god Shiva who is considered to live on this planet on Mount Kailash. However, that mountain is located in China, not within a majority Hindu nation. Most Hindu dieties love in realms far away from earth. While there may be life and consciousness in places far beyond our universe, bowing to them as a “god” brings no benefit to us, because we truly are not at that level of understanding yet, leading to potential involvement in things that we don’t know how to protect ourselves from. Any communication with beings outside of our world and universe should be done through technology, when and if it becomes available, not through religion and bowing down to and obeying “god”.
Religion is one of the only areas outside of science that opens us up to beings outside of this universe. One of the theories behind why religions recruit so aggressively is that the religion transfers value from those who believe it to who they bow down to and serve. The more people who bow to Allah, God, and others, the more energy, power, and resources those figures receive directed towards them, and that is of value to them and worth fighting to obtain. But we must win the battle here. Mindsets and mental connections have value. We’ve just seen how on our own planet when people believe in a monarchy, success flows to them and through them. Conversely, when you don’t have those beliefs and consciousness uplifting you, it can be difficult or near impossible to move forward.
Religions with a God beyond our universe operate like a security for the receiving party. They receive dividends in the form of energy while the person is alive, and then at the end of their life, the balloon payment is collected, with everything the person had to offer being transferred over to where their God was. Once you leave this universe giving your life to “God” there’s a possibility you will no longer exist, or if you do, in a completely different form. The Christian Bible says that in “new heavens and a new earth, the former things will not be remembered nor… come to mind.” That means this life is completely left behind.
Those who farm humans for their energy and consciousness will oppose anyone who attempts to free people from their influence, but we must realize that forces outside of this universe, have no power here other than what we choose to give them. We believe in building human power and human capabilities within this universe, not lowering ourselves and bowing to mysterious figures beyond our home. Those who support others outside of this universe above their own have no place calling this their home.
The purpose of conscious existence is to have an experience. Following that rule of reality leads to best results. Cultures that express a variety of different experiences have the best chance at survival in this existence. Those who reduce the variety of experience go against the natural structure and purpose and place themselves in potential danger.
A low variety of experience in our universe makes us more vulnerable to a disastrous event. A high variety of experience makes our universe safer.
Nicander of Colophon was a writer and physician who documented the harms of lead poisoning over 2000 years ago. He wrote about it in his book Alexipharmaca, which was written about plant and mineral poisons.
Unfortunately, it is a tragedy that his words were not heeded thousands of years later. It’s clear that even when the science is present, there will be people who choose the path of self-destruction. We must modernize all of our laws to allow people a way out when they choose it.
Nicander’s writings were not incorporated by the Roman government, and they continued using lead until collapse of their empire. It may be possible he and Rome couldn’t come to a mutual understanding due to Nicander’s identity as a Greek and not a Roman. We have no similar excuse in the United States. We are all citizens, and when a citizen speaks up, they should and must be heard.
Nicander’s research and writing was financed by King Attalus III, who himself had an interest in medicine. Attalus III was the last King of Pergamon, a Hellenistic Greek kingdom in West Asia; after his death the kingdom became part of Rome. Hellenistic Greece was originally founded through the military conquests of Alexander the Great.
Monarchies as a tool of conquering and control have been in place within many cultures, and their tactics pre-date Christianity. The modern United States government also utilizes this tactic by expanding the powers of the president during war time. This puts more power in one individual’s hands, making it simpler to both make and follow directions. A resolution was passed in Census Year 183, nearly 50 years ago, that added Congressional approval needed to maintain military forces in another country for more than 60 days. However, originally, the President had the authority and power to invade another country and command military forces without Congressional approval. The founders of this country knew the power and effectiveness of having one person at the helm rather than group or committee. We can utilize this real strategy without engaging in or legitimizing classism. Each individual should do their best acting individually, but raising our collective value, never ever lowering another person’s value because of class limitations. Usually the lowest class consists of the largest amount of people; if people truly do not believe in their own value and worth, a modern society would allow for them to express that. However, those who do believe they have value must prove it. We cannot sit and continue letting toxins damage the health of millions in our country and world.
The public’s continued use of products labeled with Prop 65 warnings, creates a strong parallel to what happened in ancient Rome. Why in both cases would societies ignore the research and warnings to their own detriment and destruction? The peak of lead poisoning in the Roman empire occured simultaneously with the peak territory of the empire. The Roman empire contained one fifth of the world’s population and stretched from England to Egypt to Persia. By that point most of Rome’s citizens were not truly Roman and did not want to see the empire succeed. Lead poisoning was a form of collapse from within. In the United States, despite our best intentions, it seems we have ignored a similar problem. Not enough people seem to be talking about ending individual states and creating a unified single country. With internal state divisions, too many separate identities are formed, leading to the same situation that happened in Rome, people turning on the nation from within.
https://www.attalus.org/poetry/nicander.html
The word plumbing comes from the Latin word plumbum which means lead. The Roman empire created the most advanced plumbing network the world had seen until that time. But it was made of lead, a toxic material. After the fall of the Roman empire, there were no new developments in plumbing for over a thousand years. It wasn’t until England over a thousand years later that new plumbing systems were developed with the invention of the flushable toilet by John Harington with the support of Queen Elizabeth I, who was also his godmother. However, plumbing was still made of lead in England which had been part of the Roman empire a thousand years before. It was Clair Patterson, the very same man who worked at Cal Tech in America, who lead to the banning of lead pipes in Britain, which happened 5 years after he published his paper on lead poisoning.
How is it possible that no human beings valued health enough for over a thousand years that no improvements were made, even when research about the harms was already published? In our view, it is one of the great tragedies of the human race, and not just the events that happened, but the structure it revealed about humanity and how dysfunctional it can be at its worst. There are two main cultural causes that lead to the worst of human behavior that was displayed in this episode. One is classism. After the Roman empire fell, much of Europe became ruled by kings, a structure that largely still exists today. Kingdom depend on one person at the top to make decisions. That person doesn’t change, sometimes for multiple decades, leading to no new perspectives being available, not a match to scientific discovery. Not only does a classist kingdom empower the very few, one king or queen at the top, it disempowers everybody else. The other cultural factor is ancestor worship. Ancestor worship is seen as primitive in many cultures, but it’s at the heart of every monarchy, because monarchies service their legitimacy from their bloodline and the rule of their ancestors. What this does is stop younger generations from being able to surpass the ancestors that founded their thrones. That’s why progress happened in America, where there were no class limitations and where leaders were free from the restrictions of bowing to ancestors. If your ancestors made no progress, such as what occurred during the thousand years after the Roman empire, you will also have no progress, if you are mentally limiting yourself to stay beneath them, the way that a monarchy requires. Narratives that elevate monarchies such as the narratives of Judaism, Christianity, and Islam, sow weakening principles throughout society, leading to vulnerable nations and large numbers of people being taken advantage of. Chemicals like lead and aluminum that weaken the mind with neurotoxicity further exacerbate and enhance the effects of religious narratives and other domestic warfare tactics. Today, many homes in the UK use PVC (polyvinyl chloride) for their pipes, once again repeating the cycle of waiting for a nonmarchy to tell them that it’s toxic.
Globally, the population of Christians and other people who identify as religious is growing. This affects our global consciousness. The largest religions all have and open themselves up to a god outside of this universe.
The global population is currently dominated by religions. Most of these religions preach the existence of one or more gods. But what is a god? Throughout history many different cultures and religions have had gods. A god is simply something that people elevate, bow down to, and take orders from. When “god” tells you to do something, you do it. And God is also importantly always the highest. You may also take orders from government, but in every culture throughout history, god has been above government. Many cultures have ascribed different things to god, some animals and some kings and other real people. Having a god outside of this universe that no one has seen for themselves is a security threat for those who value this universe. For those who don’t, it’s an advantage.
Data from the General Social Survey shows the number of nonreligious people actually decreasing in recent years, while Evangelical Christianity shows an increase.
https://gss.norc.org/get-the-data.html
Religion takes and asks a few things from its members. If you go to church every weekend and pay tithes and offerings, you’re giving it your time and money. But the most valuable resource it asks for and takes is your communication. Power is communication. Money is communication. And communication can be transported across all boundaries. When a politician wants to become president or get into elected office, they need communication, and they need valuable and effective communication that mobilizes people, sometimes millions, to vote for them. When a CEO or business leader wants to make a deal or finance a new venture, they need communication to garners investors’ attention and raise the funds. When a majority of the population is on a religion, that religion dominates in the realm of communication.
Many viewed Trump as “chosen by God” to be president, despite his many felonies, sexual abuse history, and other problematic elements of his record. This is a prime example of the effect of having “God” elevated higher than the laws and culture of the country.
It is quite possible their “god” did choose Trump for his or their purposes. Using his war powers, Trump was able to unilaterally initiate strikes on foreign nuclear sites, creating a new level of conflict for America that has already resulted in money and value leaving the country.
Elon Musk was a major supporter of Trump’s re-election. He also recently announced new religious beliefs, after having used the iPhone which we know contains neurotoxins. And of course, he’s also the richest man in the world, able to get financing for all of his new ventures with ease.
The flower on the left is nearly 100 million years old. The flower on the right has already begun to decay and rot. The fate of the right flower is much more common in nature. Fungi and bacteria as well as insects, worms, and other organisms begin to break down and digest the tissues of a flower no longer has circulation from the plant. This process also happens with other species including humans. If a human is not connected to a real sustainable source of life, their tissues and possessions will be taken advantage of by others who feed off of those available nutrients.
Bank of America started as a strong force for good in the community, but after Giannini it became taken advantage of by organizations that ask people to bow down and submit to their god.
Elon Musk has the personal highest net worth in the world, and was once a “trillionaire”. But throughout it all he still struggled, famously taking ketamine to manage his depression and mental health issues. With all the money and success in the world, literally, he still isn’t happy here. That is the exact type of person a god or owner outside of our universe wants: someone who builds up extreme success, but is likely to forfeit it all at the end because they don’t truly value having it or being in this universe. When they forfeit, especially in the case of religion, it goes to another party who likely invested in the process from the start. It’s more than just Elon Musk. Outside “investors” and those who have control of the communication religion provides often elevate those types of people into positions of major value.
Michael Jackson is a similar example. Even though he felt betrayed by those closest to him, he was still elevated to be the “King of Pop” and one of the most successful entertainers in the history of this world and universe.
Elon Musk was diagnosed with autism, a condition that is present from birth. He was born around 50 years ago during the peak of lead use in gasoline. It’s a cycle that has been repeated before. Populations boom with chemicals in the environment that cause people to experience less than optimum health leading to them not valuing their lives, and large amounts of value leaving this universe. We must stop the cycle now, by interfering and stopping the use of aluminum, vinyl, and all of the commonly used toxins in our human environment.
https://www.the-scientist.com/image-of-the-day-100-million-year-old-flower-30896
The most valuable resource in this world is communication. It has existed since the origin of life when microorganisms would communicate with each other, later evolving into more complex species including fish, reptiles, and mammals like humans as well as other multicellular organisms such as plants and fungi. A level of consciousness about things beyond our planet and universe is a higher level of consciousness than most animals have, and it opens the possessor of that consciousness up to new and higher levels of communication that are out there. The wrong religion can bring in negative communication from beyond our universe.
We’ve seen before how when a part of a plant loses connection and communication to the rest of the organism, it dies and can become harvested and fed upon by other life forms. Feeding, for better or worse, is the foundation of life in this existence.
To harvest as much as possible from this universe, the harvesters would have to go big; grab as many people as possible from every corner of the globe as able. Christianity came in and did that. Its CE dates are used and command the communication of billions of people around the world. Nearly every country operates officially using Christian dates. And they affect and are used by even the most non religious, thereby making even nonreligious people enemies of life in this universe through their choice to adopt and align with Christian focused communication.
Lead, aluminum, vinyl chloride and almost all of the other prevalent toxins in our human world, don’t kill right away. For all the hatred of the Roman empire, and desire to collapse from within, those people still didn’t commit suicide. Very rarely are these poisons used for death. They’re used to grab the most valuable resource available: communication. These chemicals don’t cause major problems right away, they slowly build up their effects, gradually causing intellectual decline and a limit to the effectiveness of communication.
We’ve seen before how that limit often manifests as the ability to understand monarchies better than more complex systems like republics or democracies. It’s a limit to communication that harms us, but makes it easier for a force outside of this universe to grab central control of communication through a monarch or god. Science, research, development, architecture, all the things that build our world are hampered by the intellectual decline. While control given to a single figure increases.
Those attempting to transfer value out of this universe go for the highest positions of influence to grab the most people. But they also want things to happen under a single figure, or as few as possible, so that when that one person is grabbed, all go with them.
https://www.britannica.com/biography/Jim-Jones
Although the percentage of the population that is religious is falling, according to some surveys, religions still have a major presence in this world, both in the number of members, but also in physical impact, with religious buildings having a large presence on the landscape. Religions have built up real value, you can see this in some of the elaborate church buildings and cathedrals that exist today, as well as mosques, temples, and other religious structures.
In addition to the value of their real estate, they have built up the most valuable asset of all: communication. Christianity brings a bunch of people together to communicate around a common focus. Other religions similarly have that.
Despite the decreased religious numbers, their value still stands at the top. Non-religious have failed to come up with anything that can equal the value of the communication taking place due to religions.
A survey from Pew Research estimates the United States to be 62% Christian, that translates to 165 million people: the largest social group in the United States, and the largest membership group, second only to citizenship, in the country. (The third largest membership group is the AARP (formerly the American Association of Retired Persons), with 40 million members. The founder of AARP was a pioneer in senior housing and the legalization of senior living communities.) Worldwide, the membership to Christianity is even bigger, with an estimated 2.3 billion members.
A century ago, most of North America, 97.1% according to some sources, was Christian. This meant that you likely benefited from being part of that communication network. But now, with more people leaving Christianity, becoming non religious, or joining other religions, the communication network has become more fractured. This leads to a loss of communication for everybody, but Christians, and those who still have organized numbers are going to remain the most effective.
Even though we advocate for leaving religion, the person who does relative to the person who stays with a religion faces a decreased communication network. That means a loss of the most valuable resource available. Simultaneously, though, they are contributing to the benefit of our planet by gaining independence from influences outside of this universe. It’s a process that we need to make easier. When someone makes the step of breaking free from religious control, they shouldn’t have to lose value. It’s urgent we come up with a solution to the loss of communication. And it’s personally relevant to R E for Sale.
https://www.gordonconwell.edu/blog/christianity-in-north-america/
https://www.sec.gov/Archives/edgar/data/1020475/000114420412019075/v307942_8ka.htm
This section is going to be a brief overview of symbolism. The subject has never been talked about before to this level, and much more unpacking will likely be done for years to come.
Julius Caesar was one of, if not the most, notable emperor in Roman history. He also was the emperor right before the supposed birth of Jesus. Julius Caesar’s initials are J.C.: the same as Jesus Christ. Tiberius was the emperor when Jesus was killed. The t from Tiberius is the same shape as the cross that Jesus died on. These letters and symbols have lived on long after the initial people who bore them. You will often find the letters T, J, and C in positions of power within majority Christian societies.
Other important letters include B, which represents 2; D, which represents 4; and E which represents 5. 2 and duality are a strong part of the structure of our universe. It is theorized that other places outside of our universe are built upon structures other than duality, including triality which can be associated with C. C also connects to the crescent moon, a symbol related to Islam, but is also looked to by animals. There are many animals who use the moon’s light to navigate and recognize the shape of C.
B, C, and J can also be seen to represent some of the most powerful beings on this planet, and they’re not human. B can represent bird, an animal with the ability to fly and travel vast distances in short times. C can represent cat, a powerful land animal always at the top of the food chain and seen as the king of the animal kingdom. J can represent jellyfish, the only animal on earth known to be immortal. The flying wings of a bird can also look similar to an M. There’s also firefly, represented by F, which can fly and produce light. But that’s less often used because jellies can also produce light, and the combination of jellyfish and bird is stronger.
Animal power is real and relevant power within the structure of this universe. Animals also have the ability to telepathically communicate, as do humans. More research on that subject is needed.
G is also a major force in symbolism. It is the 7th letter of the English and Spanish alphabets, but its capital form can be seen as similar in appearance to a 6, while its lower case form can appear similar to a 9. In religion G represents God, the father of Jesus Christ, just as how Greek culture is seen as in many ways the father of Roman and Italian.
Another letter sometimes used is H. H can represent a structure such as two towers with a bridge connecting them. H also connects to animals because it’s the easiest for animals to say. The sound H makes requires no lips, tongue or teeth. That makes it the most commonly found sound that animals emit. This can bring influences that may overwhelm a human’s ability to control.
Diversity is one of America’s greatest strengths. But when it comes to banking and lending, the field hasn’t been so diverse. African Americans have often been left behind. But we don’t see them as victims of an outside aggressor anymore. We have to apply what we know about the danger of religious practices to the most religious group in the United States, Black Americans. About three-quarters of Black adults, 73%, identify as Christian. This holds Black businesses, Black banking, Black lending, and Black development back. Religion has a larger presence and effect in Black communities than in any other race in America.
Black Americans have one of the lowest rates of business ownership. Business ownership is key to having wealth, power, and a voice in modern America. Just like African Americans received help getting freed from slavery, they also need help breaking free from religion, so that prosperity may finally continue again. Native Americans, Native Hawaiians and Pacific Islanders also have low rates of business ownership. We need to make sure that capital is available in those communities.
| Race | Median Household Wealth (Thousands) |
| White | 285.01 |
| Black | 44.89 |
| Hispanic | 61.62 |
| Other: Asian | 536.02 |
| Other: Mixed Race, Native American, and all remaining | 62.9 |
This data from the Federal Reserve was published only four years ago, and shows how Black Americans have the lowest household wealth of all categories.
Dr. Martin Luther King Jr. And former president Barack Obama are two of the most influential and powerful men in U.S. history. But MLK was a Christian minister, while Obama did not come from the Black American community but rather from Kenya, which is part of the UK’s commonwealth.
https://www.pewresearch.org/short-reads/2025/12/02/key-facts-about-black-americans-and-religion/
https://www.pewresearch.org/short-reads/2025/02/12/a-look-at-black-owned-businesses-in-the-us/
We’ve seen how it’s only possible to progress when two or more parties support each other and work together. Religion skews a person’s motivations and behavior, causing them to ignore the world around them in favor of a “heaven” infinitely far away from our real world. Today, without the visionary leadership of Giannini, Bank of America’s motivations and focus have been taken advantage of by organized religion, funneling national resources to those who bow down and worship “God” only. Bank of America provides banking services to roughly 120,000 faith-based clients in the United States and regularly awards grants to organizations like Catholic Relief Services and regional Catholic Charities. During the founding of this country, our citizens and leaders stressed the importance of separation of church and state. Today, many banks are now large enough that they basically serve as governments, and indeed the Federal Reserve, which is a government organization, is run by its member banks including Bank of America.
https://www.federalreserve.gov/supervisionreg/state-member-banks-supervised-federal-reserve.htm
As important as a single person can be, an organization or institution around them is also necessary to effectively get the job done and achieve goals and success. Nicander had Attalus’s royal court and the Kingdom of Pergamon. Clair Patterson had the Cal Tech and the surrounding community including Disney, Bank of America, and the Kingdom of Italy. Our company RE for Sale would need a similarly strong and focused institution to achieve the goals we have for our society and world today.
Each of the images above is linked to the institution it represents.
Although Giannini was foundational in the development of Hollywood, it was Thomas Edison who built the first movie studio in the United States and world with the Black Maria located within Thomas Edison’s laboratory which was funded by J. P. Morgan.
The first movie camera was invented by French artist and inventor Louis Le Prince in England during the reign of Queen Victoria.
https://www.thomasedison.org/blackmaria
https://museumsandgalleries.leeds.gov.uk/blog-life-mystery-and-legacy-of-louis-le-prince-fylq
Disney, one of the forces behind the greatest health breakthrough in our history, had two main secrets to success, they’re actually not secrets after reading this article, but we will highlight and explore them. The first is harnessing the power of low IQ and religious support of monarchies. The imagery associated with Disney is full of castles and princesses and things that relate to monarchies. That increases the support they receive from people who uplift that form of government. Disney also had connections to real monarchies through their association with the Bank of Italy which was concurrent with the Kingdom of Italy. Disney also maintains theme parks that are located within monarchies including Tokyo Disneyland in Japan.
While gathering support from those who elevate monarchies, Disney also benefited from the second secret to success, which is directly counter to the first, and that is being located outside of a monarchy in a country with freedoms and less limitations due to class. This allowed Disney to truly value every employee and person who makes the company a success. That direction led to Disney being the largest studio and entertainment company in the world, because nobody who works for them or with them faces restrictions. This wouldn’t be possible in a monarchy, where the king or queen comes first, the royal family and other royal families are a higher class, and everybody else is at the bottom.
Disney followed these strategies, and while the reality underneath if low IQ and religion have truly horrible effects, Disney was able to coast through these issues glamorously. They also benefited from having and providing a wide variety of experience to their customers, one of the widest varieties of any company, and according to theories about the structure of this universe and existence, that leads to success, power, and health. However, the modern era of Disney is built more on acquisitions such as Marvel and Star Wars, than it is on providing original content and experiences.
Although Bank of America’s relationship ship to Disney was that of a client and service provider, the next steps of the process including the corporate operations of Disney, the Academy of Motion Pictures, and Caltech faculty, were built upon membership based organizations. Disney treats their best employees like lifetime members. The Academy is built around membership, as is the faculty and some alumni of most college campuses. Right now, as much as our company RE for Sale has attempted to do, we realize we are not members of anything. Based on the track record and history that we have examined here, that puts us in a place where we are most likely stopped from achieving. One of our goals has to be to figure out how we can gain membership, because the benefits being a member of something provides are tangible, impactful, and necessary in this world to truly be of service and of value to others.
When we think of iconic monuments and structures we think of the Hollywood sign or the Golden Gate Bridge, both Hollywood and the bridge have ties to Giannini. But outside of America, there is an absence of achievement, and it is time to recognize and correct that. Many iconic structures and achievements around the world were built under a monarchy, a form of government that reduces power. We understand that true freedom means having the power to make decisions for yourself and control your own money. America has done that many times, as we’ve seen in this document, and it has been the key to our success. The rest of the world is more than just our bread basket. They deserve to have financial freedom as well. We must support bankers and lending by and for those outside of the U.S. so that we can see a more developed, healthy, and equitable world.
The three wealthiest metro areas of the country were built around financing originating from foreign monarchies: The Bay Area and Hollywood through Giannini’s Bank of Italy which is now known as Bank of America, and New York City through J.P. Morgan & Co, the descendant and corporate offspring of J.S. Morgan & Co, started in London. These areas thrive because people enjoy being there due to favorable climate, entertainment, and other activities available.
We have a plan to create the next major success for the United States, located within an area traditionally thought of as too hot to be favorable. With today’s technology, outdoor air-conditioning is now possible, allowing people to enjoy the sunshine and scenery of the American Southwest without experiencing extreme heat. The technology has already been successfully used in other countries including monarchies such as Qatar, but working together with our own lenders within the U.S. we can achieve similar and even larger results without utilizing funding from any foreign country or additional support from any monarchy. View more about our plans at https://refor.sale/accity
The time is now to act. We need lenders to become involved in building the future of our world. We also need people to rise up and change many of the outdated laws in our country, to make life easier, better, and more free for everyone.
The contents of this letter and supporting articles are published in a new document called LetterBook: Letter to Lenders and Supplementary Information. The first draft of LetterBook is now available to view.